Today's Cryptocurrency Prices by Market Cap
Coins HD ranks and scores coins based on marketcap, trading volumes, and price.
# | Name | Price | Changes 24H | Changes 7D | Changes 30D | High 24H | Low 24H | Market Cap | Volume 24H | Price Graph (7D) |
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Liquid Restaking Protocol YieldNest Launches ynETH on Mainnet
[PRESS RELEASE – London, UK, May 16th, 2024] YieldNest, an innovative liquid restaking protocol, proudly announces the official launch of ynETH on Mainnet after securing $5.2MIL in their initial round. This was…
Ethereum (ETH) Price to Reach $10,000 by the End of 2024? Analyst Weighs In
TL;DR Ethereum’s price recently surpassed $3,000, with analysts predicting further significant gains. Declining MVRV ratio, negative exchange netflow, and potential approval of a spot Ethereum ETF in the US could…
Morgan Stanley Reveals $269 Million Investment in Grayscale’s GBTC
Morgan Stanley, the sixth-largest banking firm in the United States, has invested over $269 million in a spot Bitcoin ETF, as disclosed in its recently published Form 13-F. The Securities…
CME Group Plans Spot Bitcoin Trading Amid Rising Wall Street Demand
The Chicago Mercantile Exchange (CME Group) is gearing up to introduce spot Bitcoin trading to capitalize on the increased interest in the cryptocurrency sector from Wall Street fund managers this…
Crypto Markets Add $150B Daily as Bitcoin (BTC) Skyrocketed to 3-Week High (Market Watch)
Bitcoin’s price actions were quite underwhelming for days but the substantial ETF flows as well as the positive US CPI numbers resulted in massive gains that propelled the cryptocurrency to…
Wall Street Pepe Surges 1000x Overnight and Experts Predict This is the Next Coin to Watch
Last updated: May 16, 2024 07:27 EDT | 2 min read Roaring Kitty is back, igniting excitement across the meme coin markets. Wall Street Pepe was leading the pack but…
China Police Uncover $2B USDT Underground Banking Operation
Last updated: May 16, 2024 07:24 EDT | 2 min read China’s police have uncovered a $1.9 billion USDT underground banking operation going against Chinese crypto bans. On May 15,…
Bitcoin Price Prediction as Millennium Management Holds $2B in ETFs – Bullish Signal for BTC?
Last updated: May 16, 2024 06:38 EDT | 4 min read Bitcoin Price Prediction Bitcoin rebounded strongly, surpassing $65,930 and reaching a peak of $66,591 on Thursday. Softer-than-anticipated U.S. inflation…
Donald Trump Earns ‘First Crypto President’ Title, Former CFTC Commissioner Claims
Last updated: May 16, 2024 06:03 EDT | 1 min read Former President Donald Trump has been dubbed “America’s first crypto president” ever since his first year in office in…
Anchorage Digital Adds Support for Native DYDX Staking
[PRESS RELEASE – Zug, Switzerland, May 15th, 2024] Institutional crypto platform Anchorage Digital has announced support for native DYDX staking. Now, institutions can stake DYDX from safe and secure custody…
What is Crypto Market Cap?
Cryptocurrency market capitalization, often referred to as “crypto market cap,” represents the combined worth of all issued coins for a specific cryptocurrency. It’s a pivotal metric used to gauge the relative size of a cryptocurrency in the market. A cryptocurrency’s market cap is derived by multiplying its current price with the total number of its coins that have been mined or are currently in circulation. For example, to determine Ethereum’s market cap, simply multiply its current price by the total circulating Ethereum coins. A higher market cap indicates a more significant market presence and influence of that particular cryptocurrency.
How to compare Cryptocurrencies Market Cap?
Cryptocurrencies, based on their market capitalization, can be segmented into three primary tiers:
Large-cap Cryptocurrencies: Valued at over $10 billion, these are the giants of the crypto world. Examples include Bitcoin and Ethereum. These coins are characterized by their established presence, widespread adoption, and a robust ecosystem. They often have a strong community of developers who not only maintain and refine the existing protocol but also innovate by building new projects atop these platforms.
Mid-cap Cryptocurrencies: These fall between $1 billion and $10 billion in market cap. They might not be as established as the large-cap coins but have shown potential for growth and have garnered a significant amount of attention and investment. Their ecosystems are growing, and they often represent newer technologies or unique value propositions in the crypto space.
Small-cap Cryptocurrencies: Valued at less than $1 billion, these are the emerging players. While they offer high-reward potential due to their lower valuation, they also come with increased risks. Their ecosystems might still be in the nascent stages, and they could be more susceptible to market volatility.
When comparing cryptocurrencies using market cap, it provides a straightforward way to gauge their relative sizes and standings. However, it’s crucial to approach this metric with caution. Some cryptocurrencies might exhibit inflated market caps due to aggressive price movements or the structure of their token supply. Therefore, while market cap serves as a useful reference point, it’s essential to complement it with other indicators like trading volume, liquidity, the fully diluted valuation, and a thorough analysis of the project’s fundamentals. This holistic approach ensures a more informed and balanced perspective when evaluating cryptocurrencies.